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Digital Subscriptions > Family Office Investor > Issue 1 > Is a Superyacht Lawyer key to your project?

Is a Superyacht Lawyer key to your project?

Based on their experience from recent yacht construction projects Quentin Bargate, and Adam Ramlugon, Partners in the superyacht specialist law firm Bargate Murray go about answering this question, here by focusing on a number of the key clauses that should feature in a yacht construction contract.
Quentin Bargate

THE QUESTION “DO I NEED A SUPERYACHT lawyer?” is one that we are asked from time to time, perhaps with more frequency than you might expect.

We appreciate however that for those – including potential purchasers of yachts – unfamiliar with the process or the industry, it is a reasonable question, and perhaps a reflection of the different mindset with which some people, potential purchasers included, view a yacht against, say, a prime piece of development real estate in central London.

The former, they will say, is a luxury discretionary purchase, whereas the latter may form a significant part of an individual’s investment portfolio.

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About Family Office Investor

Family Office & UHNWI is an exclusive wealth management and lifestyle magazine for the Ultra High Net Worth community.